Odenton, MD Economy


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Odenton, MD is a bustling town located in Anne Arundel County. Home to large companies such as Northrop Grumman and BAE Systems, it is an ideal place to work for those looking to be close to both Baltimore and Washington D.C. The town is also home to numerous attractions, including the Maryland Soccerplex, where amateur soccer teams from around the region come together to compete. With an average two bedroom rent of $2,160 compared to the US average of $1,430 and Grocery Cost Index of 103 versus 100 in the US, Odenton is a great value for those looking for a home near major metropolitan areas.

Odenton has an unemployment rate of 4.9%. The US average is 6.0%.

Odenton has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Odenton
- The Sales Tax Rate for Odenton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Odenton is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Odenton
- The average income of a Odenton resident is $44,579 a year. The US average is $28,555 a year.
- The Median household income of a Odenton resident is $104,891 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOdenton, MarylandUnited States
  4.96
  -6.2%-6.2%
  32.7%33.5%
  6.0%6.2%
  7.3%4.6%
  $48,920$37,638
  $104,891$69,021
  $132,198$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  2.8%6.8%
  3.8%10.0%
  3.0%2.5%
  7.7%11.0%
  4.0%4.8%
  0.3%0.8%
  1.4%1.9%
  2.6%4.7%
  3.5%1.9%
  15.2%7.6%
  0.0%0.1%
  2.7%4.2%
  9.9%9.3%
  10.2%14.0%
  1.8%2.1%
  6.4%7.0%
  3.3%4.8%
  21.2%4.7%
Reviews for Odenton
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Over 9 years ago

There was a recent survey that MD residents feel (in a majority) that the place is good for work, but for all the supposed attractions and things to do, they will likely  More

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Over 9 years ago

I like a lot of things about Maryland - the Chesapeake Bay, Annapolis, Ocean City and the Eastern Shore, but the state is getting too expensive to live in. Housing  More

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Over 16 years ago

I love that I can get the local paper and only see like 3 minor things in the Police Beat section!!! Great place for kids! Not as diverse as some areas - - -pretty much  More

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